NOT LISTED FOR SALE

827 Mount Olivet Church Rd Lynchburg, VA 24504

Estimated Value: $295,000 - $428,000

4 Beds
3 Baths
2,646 Sq Ft
$130/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $290,000 $110 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,892/month

31 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • Fireplace in Basement
  • Mountain View
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

About This Home

As of December 2023

This home is situated on a .84 acre lot with a peaceful country setting and beautiful mountain views! Being located just off of 460 makes it still very convenient to Lynchburg, Rustburg, and Appomattox. This split foyer has 3 bedrooms, two full baths and hardwood floors on the main level and a full 1 bedroom, 1 bath mother-in-law apartment / Airbnb space in the lower level complete with a full kitchen and den with a gas log fireplace. This lower level can be closed off from the rest of the house or left as part of the home, whichever best suits your needs. A few other bonuses are a large 21 x 23 detached garage (with electric), a newly painted 12 x 16 deck to enjoy the sunsets over the mountains and a private backyard with a fire-pit area, horse shoe pits, and plenty of room to play. Septic was pumped in 2021. HVAC is serviced twice a year. Hot water heater new in 2021. Washer/Dryer hook-ups on both levels, and replacement windows.

Last Agent to Sell the Property

Jennifer Goodman

John Stewart Walker, Inc License #0225103100 Listed on: 10/13/2023

Last Buyer's Agent

Tammy Slusher

Century 21 ALL-SERVICE-BED License #0225243988

Century 21 ALL-SERVICE-BED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $986

Year Built

  • Built in 1969

Lot Details

  • 0.84 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Split Foyer
  • Shingle Roof

Interior Spaces

  • 2,646 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Den with Fireplace
  • Mountain Views

Kitchen

  • Second Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Fireplace in Basement
  • Apartment Living Space in Basement
  • Laundry in Basement
  • Rough-In Basement Bathroom

Schools

  • Concord Elementary School
  • Rustburg Midl Middle School
  • Rustburg High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Davidson Sec 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17C210

Home Details

Home Type

Single Family

Est. Annual Taxes

$986

Year Built

Built in 1969

Lot Details

0

Listing Details

  • FILLACRES: 0.8400
  • Directions: From Lynchburg take 460 toward Appomattox. Right on Mt. Olivet Church Road. Home is on the right before you get to the cul-de-sac.
  • ElementarySchool4: Concord Elem
  • HighSchool4: Rustburg High
  • Lot Measurement: Acres
  • Lot Sq Ft: 36590.00
  • MiddleSchool4: Rustburg Midl
  • Days On Market: No
  • Property Subtype1: Single Family Residence
  • Prop. Type: Residential
  • OFFICELIST_STATE: VA
  • TaxMapParcelID: 17C210
  • Year Built: 1969
  • Detached Garage: 2 Car
  • FullBathBelowGrade: 1
  • Heating System: Heat Pump
  • Building Stories: Two
  • Dwelling Styles: Split Foyer
  • Officeden Len: 13.000
  • Officeden Wid: 11.000
  • Laundryroom Dim: 0.000 x 0.000
  • Living Room Dim: 17.000 x 14.000
  • Livingroom Len: 17.000
  • Livingroom Wid: 14.000
  • Masterbedroom Area: 168.000000
  • Master Bedroom Dim: 14.000 x 12.000
  • Masterbedroom Len: 14.000
  • Masterbedroom Wid: 12.000
  • Office Dim: 0.000 x 0.000
  • Other Room1 Area: 100.000000
  • Other Room1 Len: 10.000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement Bathrooms: 3.00
  • Bathrooms Display: 3 (3 0)
  • Lower Floor 1 Bedrooms: 4
  • Broker Approved: Yes
  • Legal Description: DAVIDSON - LOT 10 SEC 2
  • Reciprocal Listing: No
  • Second Bedroom: 11x10 Level: Level 1 Above Grade
  • Second Bedroom Area: 110.000000
  • Third Bedroom: 11x10 Level: Level 1 Above Grade
  • Third Bedroom Area: 110.000000
  • Fourth Bedroom: 13x10 Level: Below Grade
  • Fourth Bedroom Area: 130.000000
  • Above Grade Finished Sq Ft: 1323.00
  • ApplianceConvey: Dishwasher, Microwave, Range-Elec, Refrigerator
  • Has Attic: Pull Down, Storage Only
  • Has Basement: Apartment, Exterior Entrance, Finished, Fireplace, Full, Heated, Roughed in Bath
  • Flooring: Carpet, Ceramic Tile, Hardwood, Vinyl
  • Year Built Exception: 0
  • Deck: 16x12 Level: Level 1 Above Grade
  • Den: 13x11 Level: Below Grade
  • Family Room: 21x12 Level: Below Grade
  • Fireplace: 1 Fireplace, Den, Gas Log
  • Formal Dining: 12x10 Level: Level 1 Above Grade
  • Level 1 Full Bathrooms: 2
  • Interior Amenities: Apartment, Ceiling Fan(s), Main Level Bedroom, Master Bed w/ Bath
  • Dining Kitchen: 12x12 Level: Level 1 Above Grade
  • Laundry: Basement, Dryer Connection, Main Level
  • Living Room: 17x14 Level: Level 1 Above Grade
  • Master Bedroom: 14x12 Level: Level 1 Above Grade
  • Other Room 1: 10x10 Level: Below Grade
  • Additional Room 1 Description: 2nd Kitchen
  • Den Area: 143.000000
  • FamilyRoom Area: 252.000000
  • Livinggreat Room Dim: 0.000 x 0.000
  • Kitchen Area: 144.000000
  • LivingRoom Area: 238.000000
  • Est Other Room1 Dim: 10.000 x 10.000
  • Est Other Room2 Dim: 0.000 x 0.000
  • Est Other Room3 Dim: 0.000 x 0.000
  • Rec Room Dim: 0.000 x 0.000
  • Sunroom Dim: 0.000 x 0.000

Exterior Features

  • Lot Number: 10
  • Roof: Shingle
  • New Construction: Completed
  • Exterior Features: Mountain Views
  • Patio: 16x10 Level: Below Grade

Garage/Parking

  • Garage Spaces: Other
  • Garage Area: 483.000000
  • Garage Dim: 23.000 x 21.000
  • GarageLen: 23.000
  • GarageWid: 21.000

Utilities

  • Air Conditioner: Heat Pump
  • Sewer: Septic Tank
  • Hot Water: Well
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA: Lynchburg Board of Realtors
  • Subdivision Complex: Davidson Sec 2

Schools

  • School District: Campbell

Lot Info

  • Lot Sq Ft: 2646.00

Tax Info

  • Estimated Taxes: 986

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
Dec 6, 2023
Sold by
Shipp Clyde R and Shipp Brittany N
Bought by
Franklin Cadesha and Franklin Carol
Seller's Agent
Jennifer Goodman
John Stewart Walker, Inc
Buyer's Agent
Tammy Slusher
Century 21 ALL-SERVICE-BED
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Views
339
Current Estimated Value
$344,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,206
Avg. Annual Appreciation
9.09%
Original Mortgage
$284,747
Outstanding Balance
$280,251
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
$63,955

Purchase Details

Listed on
Dec 12, 2016
Closed on
Feb 15, 2017
Sold by
Binns William M and Binns Winona M
Bought by
Shipp Clyde R and Shipp Brittany N
Seller's Agent
Preston Davidson
Mark A. Dalton & Co., Inc.
Buyer's Agent
Jennifer Goodman
John Stewart Walker, Inc
List Price
$175,900
Sold Price
$174,500
Premium/Discount to List
-$1,400
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$176,262
Interest Rate
4.2%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Franklin Cadesha $290,000 Westcor Land Title
Shipp Clyde R $174,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Franklin Cadesha $284,747
Previous Owner Shipp Clyde R $176,262
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2023 12/18/23 Sold $290,000 0.0% $110 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
10/24/2023 10/24/23 Price Changed $289,900 -3.0% $110 / Sq Ft
10/13/2023 10/13/23 For Sale $299,000 +71.3% $113 / Sq Ft
02/16/2017 02/16/17 Sold $174,500 -0.8% $66 / Sq Ft View Prior Sale
02/10/2017 02/10/17 Pending -- -- --
12/12/2016 12/12/16 For Sale $175,900 -- $66 / Sq Ft
Source: Lynchburg Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $987 $219,400 $24,000 $195,400
2024 $987 $219,400 $24,000 $195,400
2023 $987 $219,400 $24,000 $195,400
2022 $986 $189,600 $25,000 $164,600
2021 $986 $189,600 $25,000 $164,600
2020 $986 $167,700 $24,000 $143,700
2019 $986 $189,600 $25,000 $164,600
2018 $872 $167,700 $24,000 $143,700
2017 $872 $167,700 $24,000 $143,700
2016 $872 $167,700 $24,000 $143,700
2015 -- $167,700 $24,000 $143,700
2014 -- $176,400 $23,000 $153,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lynchburg Association of REALTORS®

MLS Number: 348684

APN: 017C-02000-010-0